$BTW
BTW we’re already at $0.94 now, and the market cap has climbed to $2.6 billion; the contract open interest is also $200 million!
This coin doesn’t have spot liquidity—it's basically all based on wash trading of the contracts to make money. So generally, in cases like this, they wash even more aggressively.
Look at its monthly K line—it’s been up for four months already (it should pull back). But looking at the data, it already has a $2.6 billion market cap. That’s not a “no-money” player. A whale capable of pushing it to this market cap most likely has the ability to push it another 0.5–1x in market cap. So you can take a shot.
At the current position, if your “ammo” is limited, it’s safer to buy spot. If you have unlimited ammo, then treat what I said as irrelevant—I didn’t say that. Whether it’s futures or spot, best to set a take-profit stop order. My suggestion is 1.32–1.45.
The rest is for time to prove it!
#BTW
BTW we’re already at $0.94 now, and the market cap has climbed to $2.6 billion; the contract open interest is also $200 million!
This coin doesn’t have spot liquidity—it's basically all based on wash trading of the contracts to make money. So generally, in cases like this, they wash even more aggressively.
Look at its monthly K line—it’s been up for four months already (it should pull back). But looking at the data, it already has a $2.6 billion market cap. That’s not a “no-money” player. A whale capable of pushing it to this market cap most likely has the ability to push it another 0.5–1x in market cap. So you can take a shot.
At the current position, if your “ammo” is limited, it’s safer to buy spot. If you have unlimited ammo, then treat what I said as irrelevant—I didn’t say that. Whether it’s futures or spot, best to set a take-profit stop order. My suggestion is 1.32–1.45.
The rest is for time to prove it!
#BTW
